SoftBank Plans $1.6B Subordinated Bond Issue Targeting Retail Investors on May 25

GateNews
According to Bloomberg, SoftBank Group plans to issue 260 billion yen (approximately $1.6 billion) in subordinated bonds targeting retail investors on May 25. The 35-year bonds carry an embedded call option allowing early redemption after five years. Pricing is scheduled for June 5, with an initial coupon guidance range of 4.8% to 5.6% for the first five years.
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